Stock Watch – HDFC Bank

HDFC Bank is the leader in private banking space.Delivering consistent and superior returns as compared to most of its peers in the industry has been the mainstay of HDFC Bank’s performance in the last couple of fiscals. Sustenance of one of the best margins, return ratios and asset quality across interest rate cycles sets the bank apart from its peers. It has grown consistently around 30% YOY for the past 25 quarters.